XRPUSD Just Hit a Major Wall—Is a Breakdown Imminent?

XRPUSD is trading around $2.34, and it's bumping into heavy supply near $2.58—a zone where price previously reversed with force. This chart is screaming caution for late bulls.

What’s Happening?

$2.58 Supply Zone – Strong institutional sell zone. Price got sharply rejected here after a quick pump.

$2.31 - $2.26 Support Range – If broken, it opens the door to deeper drops.

$1.72 Demand Zone – High-volume area and potential bounce zone if the downtrend continues.


Why This Matters: XRP is forming lower highs after a supply zone rejection. If price fails to reclaim and close above $2.58, we could see a strong drop toward $2.15 or even $1.72.

My Game Plan:

Watching for a bearish confirmation below $2.30 to consider short entries.

Will look for buy setups only near the $1.72 demand zone or if price reclaims $2.58 convincingly.


What’s your XRP plan?
Are you loading up or waiting for the dip?

#XRP #Ripple #XRPUSD #CryptoTrading #PriceAction #SupplyAndDemand #FrankFx